Tim Taylor Real Estate Mentor Teaches On The Option to Purchase Strategy
http://www.timtaylorsuccesscoach.com
Tim shares his favorite real estate investment investing strategies - Option to Purchase
Comments
To be honest, he didn't make $32k because he had transactional fee's. Still a great job but I hate when guru's fudge the facts.
Great concept, followed you for quite sometime. Did you do the auction yourself? Did your buyer have a realtor? any other comissions?
your awesome!!
I used options a lot and this is a well done video. It limits risk and you can SELL the option too. Once I gave $500 for an option and an hour later I had coffee with a fellow investor to who I sold the option for $2,000. A quick clear $1,500 and helped him out. You might want to use your IRA with an IRA-LLC.
Good video. Thanks!
I still don't understand how the transactional funder made money. Tim clearly stated in the video that he used a funder...
how did you get the lender the finance 220k if your not seasoned on title as the seller?
Marc
Great question! I did not have to use transactional funding.. I was able to do a double closing (dry funded) where the buyers funds funded my purchase price of 188k.
Tim-
transactional funding cost about 2 thousand dollars , how or where do you get it for free !!! 188.000 plus 32.000 =220.000. wheres the cost deduction for the funding ?.